The supply chain disruptions that we first saw in 2020 because of the COVID-19 global pandemic continue, unabated and even exacerbated by labor shortages and shipping delays. In just one incident, the positive Covid test result of a ship’s crew member upon arrival in...
Perhaps, even before the coronavirus pandemic, the US-China trade war had already forced you to begin re-engineering your supply chains. Nevertheless, in 2019 about 16% of the world’s manufacturing output came from China. And the reality is that, even with the...
Here is Part “I” of my series, “International Trade Alphabet Soup” that will periodically list and provide context for key acronyms and international trade terms: IACAC — Inter-American Commercial Arbitration Commission provides a system for settlement, by...